ADVERTISEMENT

MILLIONS OWED: Obama Center Subcontractors Owed Millions, Now Facing Ruin

ADVERTISEMENT

The numbers involved are substantial

Court filings also show that at least two subcontractors later sought Chapter 11 bankruptcy protection, although the filings do not establish that the Obama Center project directly caused those financial difficulties. Advertisement The Obama Foundation has pushed back on the criticism. Foundation officials note that the project’s construction manager, Lakeside Alliance, was responsible for hiring and managing subcontractors.

Lakeside Alliance similarly emphasized that projects of this scale are inherently complex and that financial matters often continue long after construction is complete.

ADVERTISEMENT

Leave a Comment

ADVERTISEMENT